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Nvidia CEO Huang sees strong demand for Blackwell chips
[HSINCHU, Taiwan] Nvidia CEO Jensen Huang on Saturday said the semiconductor giant is experiencing “very strong demand” for its…
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Bank of America’s Asia-Pacific president sees a silver lining in US dollar volatility
Investments in South-east Asia to flow to digital infrastructure, data centres, healthcare, says BOA’s Jin Su The US dollar has lost…
Culture
Indonesia central bank chief sees room for another rate cut
Indonesia’s central bank governor said on Monday (Nov 3) there was still room for another interest rate cut, but the timing would depend…
Culture
Adidas sees 120-million-euro Trump tariff hit
German sportswear giant Adidas said Wednesday (Oct 29) that it expected US President Donald Trump’s tariff blitz to cost it 120 million…
Culture
Philippine central banker sees more easing as graft woes weigh
The Philippine central bank may cut its key interest rate again in December and further next year, as the economic fallout from a…
Business
Germany sees smallest wine harvest in 15 years, institute reports
Germany has recorded its smallest wine harvest in 15 years, the final estimate released on Tuesday from the German Wine Institute (DWI)…
Culture
Sea CEO Forrest Li sees path to US$1 trillion market cap with help of AI
But the company is battling deep-pocketed global challengers, including TikTok Shop and Lazada SEA founder Forrest Li told employees that…
Business
French Army chief Schill sees Europe facing empires, vassals, war
PARIS — Russia’s invasion of Ukraine and America’s use of economic force to achieve goals signal the end of a world order based on respect…
Culture
Market sees higher ship refinancing amid conflicts between US and China
Likely beneficiaries of the spat are shipowners that are neither Chinese nor American, such as Singapore-based players With the US levying…
Culture
Crypto sees more than US$6 billion in liquidations
(Bloomberg) – Cryptocurrency prices tumbled after US President Donald Trump said he would impose an additional 100 per cent tariff on…
Culture
Fu Yu closes investigations into supply chain unit, sees ‘no merit’ in taking action against individuals involved
Precision manufacturer Fu Yu Corporation will close its investigations into irregularities at its wholly owned supply chain unit, and will…
Culture
BYD sees first sales decline in 18 months amid fierce competition in China’s EV market
The decline comes as the company slashed its sales goal for this year by 16% to 4.6 million units Electric vehicle juggernaut BYD’s…
Culture
Nomura to boost rates and FX trading units, sees more market volatility
The push reflects growing doubts around the longevity of the current equities bull run Japan’s Nomura Holdings plans to beef up its…
Culture
Veteran banker sees Malaysia’s BNM keeping rates unchanged
A veteran banker who led a Malaysian lender to record profit says that the South-east Asian country can hold off on further cutting…
Culture
Veteran banker sees Bank Negara keeping rates unchanged
A veteran banker who led a Malaysian lender to record profit says that the South-east Asian country can hold off on further cutting…
Culture
Bank of America sees two US Fed rate cuts this year vs none before
Economists at Bank of America forecast two US Federal Reserve interest-rate cuts this year, in September and December, based on weak…
Culture
Citi expects global digital asset trades to hit US$2 trillion a day; DBS sees volume surge in H1
In a white paper released this week, Citi projected that in five years, the world will see US$2 trillion of digital assets held or traded…
Culture
Thailand’s 1.47t baht fund sees gold, equities boosting returns
LAND’S Government Pension Fund (GPF) expects gold, commodities and a rally in global equities to drive a recovery in its returns after a…
Culture
Federal Reserve’s Waller sees rate cuts over next 3-6 months, starting in September
FEDERAL Reserve Governor Christopher Waller on Thursday stepped up his call for cutting short-term US borrowing costs, saying he would…
Culture
Air New Zealand full-year profit falls 15%, sees weakness ahead
The airline has been hamstrung by groundings due to extra maintenance on Pratt & Whitney and Rolls-Royce engines worldwide, and at one…
Business
German foreign minister sees Indonesia and Japan as key to business
Indonesia and Japan are key countries in Asia for the German economy, Foreign Minister Johann Wadephul said on Thursday at the end of a…
Culture
AI job cuts debacle sees biggest Australia bank reverse tack
Commonwealth Bank of Australia (CBA) reversed a decision to cut 45 customer service roles due to new artificial intelligence (AI)…
Business
Greek island sees surge in migrant boat arrivals despite harsher detention policy
ATHENS, Greece (AP) — Authorities in Greece say more than 120 migrants were intercepted off the island of Crete early Monday, the latest…
Culture
Nubank sees more credit growth as quality gauges hold up
Nu Holdings, Latin America’s biggest digital bank, reported a decline in credit quality that was roughly in line with analysts’…